Based on today's classical pivot point (P1) with the value of $0.0₆4002, BitTorrent has support levels of $0.0₆3923, $0.0₆3879, and the strongest at $0.0₆3800. Similarly, BitTorrent resistance levels are at $0.0₆4045, $0.0₆4124, and $0.0₆4168.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₆3923 | |
| S2 | $0.0₆3879 | |
| S3 | $0.0₆3800 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₆4045 | |
| R2 | $0.0₆4124 | |
| R3 | $0.0₆4168 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 49.54 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 12.21 | BUY |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 33.53 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -87.79 | BUY |
| Ultimate Oscillator (7, 14, 28) | 42.27 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, BitTorrent price was most positively correlated with the price of Conflux (CFX), Filecoin (FIL), Pyth Network (PYTH), Lido DAO Token (LDO) and Uniswap (UNI) and most negatively correlated with the price of JUST (JST), Terra Classic (LUNC), Merlin Chain (MERL), Sun Token (SUN) and TRON (TRX).
| Name | Correlation |
|---|---|
| Conflux | 0.984 |
| Filecoin | 0.965 |
| Pyth Network | 0.964 |
| Lido DAO Token | 0.955 |
| Uniswap | 0.955 |
| Name | Correlation |
|---|---|
| JUST | -0.497 |
| Terra Classic | -0.355 |
| Merlin Chain | -0.304 |
| Sun Token | -0.027 |
| TRON | 0.026 |
BitTorrent price is positively correlated with the top 10 coins by market cap with a price of 0.762, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.725.
Currencies that are positively correlated with BitTorrent indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with BitTorrent, a move in one direction for BitTorrent would translate into a move in the opposite direction for the negatively correlated coin.
